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Amazon Faces FTC Lawsuit Over Alleged $20B Ad Price Manipulation

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • The Federal Trade Commission sued Amazon, alleging the company deceived advertisers and inflated ad prices by over $20 billion through secret auction manipulations since 2018.
  • Amazon denied the claims, calling the lawsuit misguided and stating its practices do not harm advertisers or consumers.
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